#USA #DXC Technology #Ashburn #Insurance Policies #Wilton Re

A Major Milestone in Insurance Technology

In a remarkable achievement, DXC Technology has completed a substantial transformation program in partnership with Wilton Re. This project involved migrating over 400,000 insurance policies to a modern cloud platform, marking a significant milestone in their 20-year collaboration. The successful transition lays the groundwork for Wilton Re's future advancements in AI and operational efficiencies, enabling them to handle a growing policy portfolio with greater agility and effectiveness.

The Journey of Transformation

Since its establishment, Wilton Re has undergone significant expansion, with its portfolio growing exponentially from about 5,000 policies in 2005 to over 500,000 today. This growth necessitated the need for efficient integration of acquired life and annuity businesses, requiring complex conversions of various systems and processes. By leveraging DXC's wealth of expertise in Business Process Services (BPS), Wilton Re has standardized its operations using the Wealth Management Accelerator (wmA) platform, designed to streamline these integrations.

DXC's capabilities have been pivotal in facilitating this transformation, combining their rich insurance experience with Wilton Re's unique risk management strategies. The key goal of this transformation was to prevent disruptions in the policyholder experience during transitions, ensuring a smooth migration process.

A Proven Partnership

Ray August, President of DXC Insurance Software and Business Process Services, highlighted the depth of their partnership, noting that the collaboration has transformed the operational landscape for Wilton Re. He stated, "This transformation helps Wilton Re grow its business, integrate acquisitions faster, operate more efficiently, and deliver a better experience for policyholders."

Wilton Re's Senior Advisor, Enrico Treglia, underscored the importance of DXC, emphasizing how it has served not just as a technology provider but as a crucial operational partner in various functions, including policy administration and customer service. This collaboration exemplifies strategic partnerships that drive efficiency and innovation within the industry.

Building for the Future

As Wilton Re embarks on this new phase, the advancements secured through the wmA platform will not only enhance their operational capabilities but also facilitate the application of AI in their processes. This transition to a cloud-based platform prepares the company for future integration projects, allowing them to adopt emerging technologies and address the evolving demands of the insurance market.

With over 40 years of industry expertise, DXC Technology continues to be a trusted partner to many leading insurers globally, supporting their core operations and helping improve customer experiences through cutting-edge technologies. This latest milestone serves as a testament to their commitment to delivering innovative solutions in an ever-changing landscape.

Conclusion

The completion of this significant transformation program is not just a major win for both DXC and Wilton Re but also sets a new standard within the insurance sector. As they move forward, their partnership is positioned to explore new horizons and tackle the complexities of the insurance industry with renewed vigor and technological support. DXC Technology and Wilton Re's collaboration continues to serve as a benchmark for successful transformations in insurance and emphasizes the powerful impact of strategic partnerships in achieving operational excellence and driving innovation.

For more information, visit DXC Technology's website to learn about their comprehensive solutions and services designed for the insurance industry.